Main Entry: eco·nom·ics

Pronunciation: \ˌe-kə-ˈnä-miks, ˌē-kə-\

Function: noun plural but singular or plural in construction

Date: 1792

1 a : a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services b : economic theory, principles, or practices <sound economics>
2 : economic aspect or significance <the economics of building a new stadium>
3 : economic conditions <current economics>